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Microcap & Penny Stocks : TPII - Year 2000 (Y2K); Groupware; Client Server Migration

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To: Dave Gore who wrote (7814)6/27/1998 3:01:00 PM
From: Alan Coccio  Read Replies (3) of 10903
 
Dave, I want to agree with you because it makes sense that these warrant holders have already done their thing and are long gone from the market.

The course I, personally, would take with warrants has no bearing on what a professional money manager would do. A locked in 25% profit MUST be taken if available. I'd fire the guy that didn't do that. I think we will have all these questions answered soon enough when the 10Q is filed and we should be able to see if all the warrants and 504 stock has been converted or sold. Until then, we are just speculating about things that might happen. Always be prepared was a good motto for life that I learned two score and a decade or more ago. <grin>

I realize that at some point during the evolution of this company, all the funny stock deals that went into the construction of the public posture of TPI will have been consummated and we'll have a "clean" stock structure. I believe we are very close to that point now. This is a very fortunate circumstance since the product application can now drive the company stock price rather than unknown stock deals from the bottom of the deck. The timing of these two events is remarkably good.

Any negativity I've had about TPII stock has always been due to the circumstance surrounding the stock deals rather than the viability of the company's product. I now feel we are very close to the jumping off point at last and that we can be driven by fundamental business factors. At this time next year we should be on a listed exchange (no longer Amex since they have approved the merger with NASDAQ) and lots of names on this thread will be VERY wealthy people.

Alan

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